March 3, 2014 / 1:40 PM / 3 years ago

Russian MICEX market capitalisation falls $58.4 bln since Friday

MOSCOW, March 3 (Reuters) - The market capitalisation of the Russian rouble-denominated MICEX index fell $58.4 bln since the end of trading on Friday, the index's press service said on Monday.

On Monday afternoon, MICEX capitalisation stood at 18.4 trillion roubles ($512.03 billion), down from 20.5 trillion on Friday, the press service said in a statement.

The sum beats the $51 billion Russia spent on preparations for the Winter Olympics held in the southern city of Sochi last month.

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